Intelligent Transportation System Market Size – USD 15.50 billion in 2019, Market Growth - CAGR of 15.2%, Market trends – Product launches and research for advanced ITS.
The report is formulated through extensive primary and secondary research and is further validated and verified by the industry experts and professionals. The validated data offers the readers a chance to help make well-informed decisions.
The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Intelligent Transportation System market.
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The report comprises a detailed analysis of the vital elements of the Intelligent Transportation System market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors.
Key participants include Thales Group, Garmin, Siemens, Tomtom International BV, Flir Systems, Inc., Q-Free, Cisco Systems, Efkon GMBH, Indra Sistemas, S.A., and Denso Corporation, among others.
The report offers an industry-wide and economy-wide analysis of the market along with supply and demand dynamics, sales, and production and manufacturing capacity. It also reviews the rate of production and consumption, sales network and distribution channel, pricing analysis, profit margins, cost and demand volatility, import/export, gross revenue, among others. Financial difficulties brought by the pandemic have slowed down the progression of the businesses, and disruptions in the supply chains have been seen. The report assesses the comprehensive impact of the pandemic on the overall growth of the Intelligent Transportation System market and offers a future impact assessment.
COVID Analysis
The research report draws focus on the impact of the COVID-19 pandemic on the market and its crucial segments. It offers insights into the effects of the pandemic on the global economic scenario and business sphere. The report evaluates the key market influencing factors and considers the COVID-19 pandemic as one of the contributing elements.
With a major focus on the growth trajectories of each segment of the market, the report inspects the operating patterns of each market contender, for instance, partnerships & collaborations, mergers & acquisitions, and new product launches, in a detailed manner.
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The Intelligent Transportation System market intelligence report exhaustively examines the market value, share, demand, growth prospects, latest and historical trends, manufacturers, gross revenue collection, competitive terrain, market growth forecast, available products, and end-use applications.
• Mode of Transport Outlook (Revenue, USD Billion; 2017-2027)
o Roadways
o Airways
o Railways
• Systems Outlook (Revenue, USD Billion; 2017-2027)
o Advanced Traveler Information System
o Advanced Public Transportation System
o Advanced Traffic Management System
o ITS-Enabled Transportation Pricing System
o Commercial Vehicle Operation
• Application Outlook (Revenue, USD Billion; 2017-2027)
o Intelligent Traffic Control
o Parking Management
o Fleet Management and Asset Monitoring
o Collision Avoidance
o Passenger Information Management
o Emergency Vehicle Notification
o Ticketing Management
o Automotive Telematics
• Regional Outlook (Revenue, USD Billion; 2017-2027)
o North America
1. U.S.
2. Canada
o Europe
1. Germany
2. UK
3. France
4. BENELUX
5. Rest of Europe
o Asia Pacific
1. China
2. Japan
3. South Korea
4. Rest of APAC
Market Estimation Timeline:
Historical Years: 2017-2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027
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